Weitz Ultra Financials
| SAFEX Fund | USD 9.99 0.01 0.10% |
Weitz |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Weitz Ultra Fund Summary
Weitz Ultra competes with Short Duration, Balanced Fund, Weitz Balanced, Core Plus, and Core Plus. The fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in debt obligations issued or guaranteed by the U.S. government, its agencies and instrumentalities and repurchase agreements on such securities. It may invest in securities that are unrated if the adviser determines that such securities are of investment grade quality. The fund may also invest in government money market funds or exchange traded funds which invest substantially all of their assets in U.S. government securities.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Weitz Funds |
| Mutual Fund Family | Weitz |
| Mutual Fund Category | Ultrashort Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 304 9745 |
| Currency | USD - US Dollar |
Weitz Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Weitz Ultra's current stock value. Our valuation model uses many indicators to compare Weitz Ultra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Weitz Ultra competition to find correlations between indicators driving Weitz Ultra's intrinsic value. More Info.Weitz Ultra Short is rated top fund in one year return among similar funds. It also is rated top fund in three year return among similar funds reporting about 0.88 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Weitz Ultra Short is roughly 1.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Weitz Ultra's earnings, one of the primary drivers of an investment's value.Weitz Ultra Short Systematic Risk
Weitz Ultra's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Weitz Ultra volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Weitz Ultra Short correlated with the market. If Beta is less than 0 Weitz Ultra generally moves in the opposite direction as compared to the market. If Weitz Ultra Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Weitz Ultra Short is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Weitz Ultra is generally in the same direction as the market. If Beta > 1 Weitz Ultra moves generally in the same direction as, but more than the movement of the benchmark.
Weitz Ultra November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Weitz Ultra help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Weitz Ultra Short. We use our internally-developed statistical techniques to arrive at the intrinsic value of Weitz Ultra Short based on widely used predictive technical indicators. In general, we focus on analyzing Weitz Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Weitz Ultra's daily price indicators and compare them against related drivers.
| Information Ratio | (1.33) | |||
| Maximum Drawdown | 0.4049 |
Other Information on Investing in Weitz Mutual Fund
Weitz Ultra financial ratios help investors to determine whether Weitz Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Weitz with respect to the benefits of owning Weitz Ultra security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
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| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
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